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On Wall Street: Dominic Rushe: Things could be looking up for America's shopkeepers

THERE goes Mr Monopoly, aka Rich Uncle Pennybags, 60ft tall and high as a kite floating over the New York crowd gathered for Macy’s Thanksgiving Day Parade.

The helium-filled Mr Monopoly balloon made it down the street unscathed, something of a first for a high-profile American capitalist these days.

Clifford the Big Red Dog was less fortunate. Appropriately enough, Clifford’s canine instincts got the better of him and his 40 handlers, holding his 65ft leash, had to drag him away from some trees.

As a couple of million people looked on, Kermit the Frog, Jimmy Neutron, Big Bird, Charlie Brown and SpongeBob SquarePants all passed by without mishap on a clear, cold day that each year has everyone from the boss of Macy’s to the president on the edge of their seats. This year more than ever.